Maritime Real-Time Positioning System Market Scope and Key Players Analysis by 2031
Maritime Real-Time Positioning System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 469.81 Million |
Market Size by 2031 | US$ 4537.19 Million |
Global CAGR (2023 - 2031) | 32.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Maritime Real-Time Positioning System Market News and Recent Developments
The Maritime Real-Time Positioning System Marketis evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- According to UNCTAD’s Review of Maritime Transport 2022, Asia remained the world’s leading maritime cargo handling center in 2021, accounting for 42% of exports and 64% of imports. In 2021, around 40% of total containerized trade was on the main East-West routes – between Asia, Europe, and the US. Non-mainlane East-West routes such as South Asia-Mediterranean accounted for 12.9%. (Source: UNCTAD, Press Release, 2022)
- According to Year End Review-Ministry of Ports, Shipping and Waterways 2023, the Prime Minister launched the 'Maritime Amrit Kaal Vision 2047' encompassing aspirations in Logistics, Infrastructure, and Shipping supporting India's 'Blue Economy.' India's maritime sector is set to transform with a comprehensive roadmap launched during the Global Maritime India Summit, involving an investment of INR 80,000 lakh crores. (Source: Ministry of Ports, Shipping and Waterways, Press Release, 2024)
Maritime Real-Time Positioning System Market Report Coverage and Deliverables
The “Maritime Real-Time Positioning System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles